US Food's Net Income Rises as It Passes On Food Costs, Boosts Adjusted EPS Growth View

Dow Jones11-06

By Rob Curran

 

US Foods' third-quarter net income rose as the food distributor passed on higher food costs to customers, and the company boosted its full-year adjusted earnings forecast even as it lowered the top end of its sales-growth projection.

The Rosemont, Ill., distributor of fresh and processed foods to restaurants and cafeterias posted earnings of $153 million, or 67 cents a share, up from $148 million, or 61 cents a share, a year earlier.

Stripping out certain one-off items, US Foods logged adjusted earnings of $1.07 a share, surpassing the average Wall Street peg of $1.03 a share.

Sales rose 4.8% to $10.19 billion, beating the mean analyst estimate of $10.17 billion.

Total case volume increased 1.1%. Food cost inflation, a measure of price increases, rose 3%.

US Food boosted its adjusted per-share growth target for 2025 to a range between 24% and 26% from a prior 19.5%-to-23% range.

US Food reduced the higher end of its sales-growth projection for the year, and now anticipates 4%-to-5% growth, down from the previous projection of 4% to 6%.

In August, US Foods said it had approached rival Performance Food Group regarding a potential combination.

 

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

November 06, 2025 07:16 ET (12:16 GMT)

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